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Investors for a change started the day on Wednesday without headlines on new U.S. tariffs, allowing them to shift their attention to the U.S. inflation report later in the day and possible clues on the outlook for Federal Reserve policy. Expectations are for a slight slowdown in January's core inflation print to an annual 3.1% and for the headline number to hold steady at 2.9%, although analysts expect progress on reining in inflation will stall later in the year. Wednesday's will be the last inflation reading before any direct impact from U.S. President Donald Trump's tariff measures, which went into effect this month.

Investors are keenly eyeing the CPI, which is due for release on Wednesday. Tariffs and earnings continue to set market expectations.

As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. Beijing has used this playbook before to some success. Now, however, it is in a vicious chicken-and-egg cycle where the stock market and weak economy feed off each other, hobbling consumer spending and private investment.

"Retail is on the cusp of a technology leap with AI, data, and automation."

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(Reuters) -Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year. Brent futures were down 77 cents or 1% at $76.23 a barrel by 1230 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 88 cents or 1.20% to $72.44 a barrel. "Oil prices resumed their downtrend as the macro environment weighed on sentiment, with Jerome Powell indicating that the U.S. Fed was not in a rush to lower rates," said Harry Tchilinguirian, head of research at Onyx Capital Group.

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleIn New Orleans, an Aging Dome Tries to Stay SuperMSCI Inc. further trimmed C